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Trade Idea Update: EUR/USD - Sell at 1.0920 or Buy at 1.0810

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Nov 6, 2015.

  1. Lily

    Lily Forum Member

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    Although the single currency recovered in part due to the active cross-buying against sterling and consolidation above 1.0834 support is likely, however, reckon upside would be limited to 1.0915-20 (38.2% Fibonacci retracement of 1.1053-1.0834) and bring another decline later, below said support would extend weakness towards previous chart support at 1.0809[​IMG]

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